equilibrium return meaning in English

均衡报酬

In chapter3 , information is divided into two basic types , the marginal equation of bond price and short - term interest variations is established , thus the security price variations and the price equilibrium of other assets ( risk security non - risk security are included ) are analyzed by the implement of portfolio theory . finally the bond value equation which takes equilibrium return as its yield parameter is established through the theory of comparative return . in chapter 4 , the intra - information and the transferable system of price is emphasized and the market - maker model and expected model under non - perfect information market conditions are established , and the disaccord of the influence of extra - information and intra - information on the security price is discussed
第三章将债券的价格均衡划分为两大基本类型，建立了债券与短期利率变动的边际方程，运用组合原理分析债券价格变动与其它资产(包括风险证券和无风险证券)的价格均衡关系，通过比较收益原理建立了债券以市场均衡收益为折现参数的价值方程，并通过实证检验了该模型的合理性；第四章，分析了内部信息与价格的传导原理，建立了非完全信息市场条件下价格传递信息的做市商模型和预期模型，并讨论外部信息与内部信息对股票价格影响的非一致性。